doing homework

As I lead the local Investor’s Business Daily Meetup Q&A, probably the most common question I get is: how do you find stocks ready to move?

There’s no substitute for homework. For me that means looking at many, many charts. I’m a visual person. For you, it may mean sifting through tables and screens of fundamental data.

If you do not get the Investor’s Business Daily, I suggest you get the April 19 edition and review the “IBD’s Top 200 Composite Stocks” table on page B5. Review each stock listed. There’s a reason Bill O’Neil puts that data together…trust his guidance. It is not a “buy” list; just a good place to start prospecting.